Colony Bankcorp Shareholders Approve First Reliance Acquisition

Key Facts

Colony Bankcorp shareholders have voted to approve the proposed acquisition of First Reliance. Investing.com reported that the approval marks a key step toward finalizing the merger, which is intended to expand the company's footprint in the banking sector.

CBAN closed at $19.7 on October 14, 2026, with the stock reaching a day high of $19.86 and a low of $19.58 during that session. The shareholder vote serves as a necessary corporate milestone to consolidate the two banking entities and support long-term growth.